EUR.USD - Bullish Bat Setup @ Market - 1.0373
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On the EUR.USD 1hr chart we have a potential long opportunity's at the D leg completion of bullish Bat setup.
The price reversal zone on this pair is between 1.0373 & 1.0366
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.
Potential targets for the Bat setup placed at the .382% and .618% retracement of the A to D move.
There is also opportunity to look for extended targets at 1.0461
Stop loss would be placed below X leg structure support .
Target 1 - 1.0413
Target 2 - 1.0438
The price reversal zone on this pair is between 1.0373 & 1.0366
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.
Potential targets for the Bat setup placed at the .382% and .618% retracement of the A to D move.
There is also opportunity to look for extended targets at 1.0461
Stop loss would be placed below X leg structure support .
Target 1 - 1.0413
Target 2 - 1.0438
Note
Although price has exceeded D and X legs, there is still a potential long opportunity.Note
If you executed your position at 1.0373 your target 1 and 2 should have been attained.Note
Learn to trade this setup in 5 easy steps.
Note
Potential extended targets at 1.0461Note
Note
If you executed your position at 1.0373 your extended target should have been attained.Note
Note
Potential long opportunity in the coming days.
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